| Shareholder | Ordinary Shares | % | 
| Cyrela Brazil Realty S.A. | 68.167.850 | 33.4% | 
| Luminare Capital Fundo de Investimento em Ações | 997.100 | 0.5% | 
| Rodrigo Uchoa Luna | 46.499.179 | 22.8% | 
| Rodrigo Fairbanks von Uhlendorff | 31.673.260 | 15.5% | 
| Treasury | 991.220 | 0.5% | 
| Others | 55.572.391 | 27.3% | 
| 203.901.000 | 100.00% | 
Updated October 23, 2025